Retail Opportunity Investments Corp reports results for the quarter ended in June - Earnings Summary

Retail Opportunity Investments

29/07/2021 17:59

* Retail Opportunity Investments Corp  ROIC.OQ  reported
quarterly adjusted earnings of 14 cents​​ per share for the
quarter ended in June. The mean expectation of five analysts for
the quarter was for earnings of 6 cents per share.
* Revenue rose 6.3% to $70.73 million from a year ago;  analysts
expected $68.84 million. 
* Retail Opportunity Investments Corp's reported EPS for the
quarter was 14 cents​.
* The mean earnings estimate of analysts had risen by about 1.6%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Retail Opportunity Investments Corp shares had risen by 0.1%
this quarter and gained 32.0% so far this year.
* The company reported quarterly net income of $16.48 million.
* Wall Street's median 12-month price target for Retail
Opportunity Investments Corp is $19.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated July 29 at 04:59 p.m.  ​All
figures in US dollars unless otherwise stated